Raymond James Ltd Selects Alessa by CaseWare RCM for AML Capabilities

Subsidiary of one of North America's leading independent full-service investment dealers has selected Alessa for its transaction monitoring, watch lists screening and FINTRAC regulatory reporting to meet its anti-money laundering compliance needs.


Toronto, Canada (December 11, 2019) - CaseWare RCM, a provider of financial crime detection and prevention solutions, has announced that Raymond James Ltd has selected Alessa for its transaction monitoring needs, as well as automation of its watch lists screening and FINTRAC regulatory reporting.

“Raymond James Ltd is committed to managing and mitigating compliance risk, including anti-money laundering-related matters and our decision to use Alessa is a continuation of this commitment to leverage technology to improve our associates’ ability to monitor and detect compliance risk,” said Andrew Goh, Vice President and Chief Anti-Money Laundering Officer at Raymond James Ltd.

“Alessa will allow our business and compliance teams to rely on a comprehensive AML solution that pulls data from various systems to get a holistic view of our business and the risks that we face at Raymond James Ltd,” said Goh.

According to Andrew Simpson, Chief Operating Officer at CaseWare RCM, Raymond James Ltd was looking for sophisticated transaction monitoring capabilities that could also lessen the time needed to create their FINTRAC reports. “The fact that Alessa can provide sanctions and watch list screening, transaction monitoring, regulatory reporting and case management from a single platform is an advantage to our customers.”

Alessa is already trusted by banks, credit unions, fintechs, insurance, gaming, manufacturing and retail companies in over 20 countries to prevent money laundering, breaches in internal controls and more.

One of the reasons that Alessa is consistently chosen by organizations is that it is a versatile and modular solution that can be quickly integrated with existing infrastructure and scales with organizations as their size and needs grow. Alessa also offers depth in functionality allowing organizations to use one solution for all their continuous controls monitoring, compliance and fraud prevention needs.

To learn more about Alessa, visit www.caseware.com/alessa.


About CaseWare RCM Inc.

CaseWare RCM Inc. is the maker of Alessa, a financial crime detection, prevention and management solution. With deployments in more than 20 countries in banking, insurance, FinTech, gaming, manufacturing, retail and more, Alessa is the only platform organizations need to identify high-risk activities and stay ahead of compliance. To learn more about how Alessa can help your organization ensure compliance, detect complex fraud schemes, and prevent waste, abuse and misuse, visit us at www.caseware.com/alessa


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